Comments:Kishore
Event ID 1008 from source perflib and event ID 12 from source vmperf can be found along with this event. Here is the solution.

1. Open a command prompt and type: net stop vxob
2. Open the registry and browse to the following key:HKLM/SYSTEM/CURRENTCONTROLSET/SERVICES/VXIO/PERFORMANCE (recommend saving the key before proceeding).
3. Delete the following values under the performance subkey:
FirstCounter
FirstHelp
LastCounter
LastHelp
4. Close the registry and from a command prompt run the following command:
lodctr "c:\program files\veritas\veritas volume manager 4.1\vm5inf\vmperf.ini"
5. From the command prompt type: net start vxob (or reboot)